Avenel vs Eastwood
Property investment comparison - Avenel, VIC 3664 vs Eastwood, VIC 3875
Head-to-head across core investment metrics: Avenel wins 3, Eastwood wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Avenel | Eastwood |
|---|---|---|
| Median house price | $635K | $635K |
| Median unit price | - | $440K |
| Gross rental yield (houses) | 3.81% | 4.20% |
| Gross rental yield (units) | 5.01% | 4.39% |
| 1-year house growth | +5.5%estimate | +4.3% |
| 3-year house growth | - | +3.5% |
| Vacancy rate | 1.0% | 2.2% |
| Population | 1,112 | 2,855 |
Avenel vs Eastwood: what the numbers say
Houses cost about the same in both suburbs: the median house price is $635K in Avenel and $635K in Eastwood.
On cash flow, Eastwood leads: houses there return a gross rental yield of 4.20%, compared with 3.81% in Avenel, a gap of 0.39 percentage points.
Over the past year house prices moved +5.5% in Avenel (an estimate) and +4.3% in Eastwood, so recent momentum favours Avenel, although both suburbs recorded growth.
Rental vacancy is 1.0% in Avenel and 2.2% in Eastwood, so landlords in Avenel face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Eastwood is the bigger suburb, with a population of 2,855 against 1,112, roughly 2.6 times the size of Avenel; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Eastwood for rental income, Avenel for recent price momentum, Avenel for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison